ABS appoints Amit Somani as the new CEO

Bermuda, 9th September 2022, ABS, a global satellite operator, announced today that Amit Somani has been appointed Chief Executive Officer (CEO) and will assume duties on 10th October 2022.

Amit brings over 25 years of experience as an operational and strategic leader in the information and communications technology space, with valuable experience as a senior executive in the satellite communications sector.

I am very excited to be joining the ABS team at this time, said Amit. The company's diverse and wide-reaching portfolio of assets, spanning multiple technologies and markets, coupled with a highly capable team makes it a unique platform to capitalize on the opportunities in the rapidly evolving satellite communications industry.

Amit brings proven industry experience and strategic expertise to help us deliver innovative growth and value creation. The ABS Board warmly welcomes Amit who, with the support of the senior leadership team, is the ideal candidate to lead ABS into this next phase of its development, said Parm Sandhu, Chairman of ABS.

Amit will join ABS after having served nearly 13 years at Yahsat where, as Chief Strategy Officer, he played a critical role in the group's successful expansion into multiple new businesses and geographies, making it into one of the global leaders in the satellite industry today.

Prior to joining Yahsat in 2010, Amit worked as a consultant at Booz and Company, and other international consulting firms, advising clients in the information and communication technology sector across the globe. He has spent significant portions of his career in North America, South America, Africa, Europe and the Middle East.

Amit holds a Master's degree in Electronic Engineering with French from the University of Nottingham and an Executive MBA from the London Business School.

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About ABS

ABS is a global satellite operator and offers a complete range of tailored solutions including broadcasting, data and telecommunication services to broadcasters, service providers, enterprises and government organizations.

ABS operates a fleet of satellites; ABS-2, ABS-2A, ABS-3A, ABS-4/Mobisat-1 and ABS-6. The satellite fleet covers over 93% of the world's population across the Americas, Africa, Asia Pacific, Europe, the Middle East, CIS and Russia.

Headquartered in Dubai, UAE, ABS has offices in Asia and the United States. For more information, visit www.absatellite.com

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